The numbers: Activities at home build an important turnaround from the decay of the coronavirus. U.S. homebuilders began building homes at an annual adjusted annual rate of $ 1,496 million in July, up 22.6% from the previous month and 23.4% from a year ago, the U.S. Census Bureau reported Tuesday. …
Read More »Refinancing your mortgage will cost you more thanks to a new fee from Fannie Mae and Freddie Mac
If you are in the process of refinancing your mortgage, you may end up paying more than you expected. Fannie Mae FNMA, + 1.42% and Freddie Mac FMCC, + 1.67% announced Wednesday night that they will now charge a 0.5% negative market fee on all refinances, including both cash-out and …
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